3847 Euclid Ave Berwyn, IL 60402
Berwyn AreaEstimated payment $4,310/month
Highlights
- 11,325 Sq Ft lot
- Courtyard
- Central Air
About This Home
Exceptional investment opportunity in the heart of Berwyn! This well-maintained 5-unit building combines classic character, strong rental appeal, and long-term income potential in one of the western suburbs' most sought-after communities. Each unit offers distinctive architectural details including hardwood floors, cedar-lined closets, exposed wood-beam ceilings, and skylights that fill the living spaces with natural light. A heated 2.5-car garage provides additional convenience, storage, and value for tenants. With a history of strong occupancy and consistent rental demand, this property presents an excellent opportunity for investors seeking stable cash flow and future appreciation. Ideally situated near the vibrant Roosevelt Road and Ogden Avenue corridors, residents enjoy convenient access to local restaurants, coffee shops, shopping, and entertainment. Outdoor enthusiasts will appreciate nearby parks, including Proksa Park and Janura Park, while commuters benefit from easy access to the Metra BNSF Railway, CTA Blue Line, and major roadways including I-290, I-55, and Route 66 (Ogden Avenue), providing convenient travel to downtown Chicago and surrounding suburbs. Located near schools, grocery stores, medical facilities, and the bustling Depot District, this property offers the lifestyle and accessibility today's tenants are looking for. Whether you're expanding an established portfolio or purchasing your first multifamily asset, this turnkey investment is for you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,466
Year Built
- Built in 1948
Lot Details
- 11,325 Sq Ft Lot
- Lot Dimensions are 91x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 5,013 Sq Ft Home
- 1-Story Property
- Exterior Basement Entry
Outdoor Features
- Courtyard
Utilities
- Central Air
- Heating System Uses Gas
- 100 Amp Service
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $2,020
- Trash Expense $792
- Water Sewer Expense $1,223
- Operating Expense $14,985
- Gross Income $4,315
- Net Operating Income $36,975
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $861 | $9,944 | ||
| 2024 | $820 | $9,471 | ||
| 2023 | $820 | $22,880 | $4,570 | $18,310 |
| 2022 | $812 | $17,680 | $3,530 | $14,150 |
| 2021 | $826 | $15,260 | $3,050 | $12,210 |
| 2020 | $797 | $15,220 | $3,040 | $12,180 |
| 2019 | $894 | $12,010 | $2,400 | $9,610 |
| 2018 | $861 | $10,660 | $2,130 | $8,530 |
| 2017 | $385 | $7,500 | $1,500 | $6,000 |
| 2016 | $379 | $6,930 | $1,380 | $5,550 |
| 2015 | $351 | $5,710 | $1,140 | $4,570 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | For Sale | $520,000 | 0.0% | $104 / Sq Ft |
| 05/14/2024 05/14/24 | Rented | $1,300 | 0.0% | -- |
| 05/14/2024 05/14/24 | For Rent | $1,300 | 0.0% | -- |
| 05/10/2024 05/10/24 | Off Market | $1,300 | -- | -- |
| 05/03/2024 05/03/24 | For Rent | $1,300 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $347,000 | Git | |
| Deed | $410,000 | Stewart Title Of Illinois |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $210,000 | Commercial | |
| Previous Owner | $328,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12721570
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